80 FR 55175 - Proposed Collection; Comment Request for Revenue Procedure 2009-16

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 177 (September 14, 2015)

Page Range		55175-55175
FR Document		2015-22963

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Revenue Procedure 2008-16, Section 168(k)(4) Election Procedures.

Federal Register, Volume 80 Issue 177 (Monday, September 14, 2015)

[Federal Register Volume 80, Number 177 (Monday, September 14, 2015)]
[Notices]
[Page 55175]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-22963]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2009-
16

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning 
Revenue Procedure 2008-16, Section 168(k)(4) Election Procedures.

DATES: Written comments should be received on or before November 13, 
2015 to be assured of consideration.

ADDRESSES: Direct all written comments to Christie Preston, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for copies of the revenue 
procedure should be directed to Sara Covington, at Internal Revenue 
Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, 
or through the internet, at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Section 168(k)(4) Election Procedures.
    OMB Number: 1545-2133.
    Revenue Procedure Number: Revenue Procedure 2009-16.
    Abstract: This revenue procedure provides the time and manner for 
(1) corporations to make the election to apply section 168(k)(4) of the 
Code, (2) corporations to make the allocation of the bonus depreciation 
amount resulting from the section 168(k)(4) election, (3) corporate 
partners who make the section 168(k)(4) election to notify 
partnerships, and (3) U.S. automobile manufacturing partnerships (such 
as, Chrysler) to make the election to apply section 3081(b) of the Act.
    Current Actions: Extension of a previously approved collection.
    Affected Public: Businesses and for-profit institutions.
    Estimated Number of Respondents: 5,400.
    Estimated Time per Respondent: 30 minutes (varies .25 to 1 hr.).
    Estimated Total Annual Burden Hours: 2,700.
    The following paragraph applies to all of the collections of 
information covered by this notice:
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained as long as 
their contents may become material in the administration of any 
internal revenue law. Generally, tax returns and tax return information 
are confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Approved: August 20, 2015.
Sara Covington,
IRS Tax Analyst.
[FR Doc. 2015-22963 Filed 9-11-15; 8:45 am]
BILLING CODE 4830-01-P

Federal Register / Vol. 80, No. 177 / Monday, September 14, 2015 / Notices 55175

copies of the form and instructions quality, utility, and clarity of the apply section 168(k)(4) of the Code, (2)
should be directed to Kerry Dennis at information to be collected; (d) ways to corporations to make the allocation of
Internal Revenue Service, Room 6129, minimize the burden of the collection of the bonus depreciation amount resulting
1111 Constitution Avenue NW., information on respondents, including from the section 168(k)(4) election, (3)
Washington, DC 20224, or through the through the use of automated collection corporate partners who make the section
internet at Kerry.Dennis@irs.gov. techniques or other forms of information 168(k)(4) election to notify partnerships,
SUPPLEMENTARY INFORMATION: technology; and (e) estimates of capital and (3) U.S. automobile manufacturing
Title: Waiver of Right to Consistent or start-up costs and costs of operation, partnerships (such as, Chrysler) to make
Agreement of Partnership Items and maintenance, and purchase of services the election to apply section 3081(b) of
Partnership-Level Determinations as to to provide information. the Act.
Penalties, Additions to Tax, and Approved: August 19, 2015. Current Actions: Extension of a
Additional Amounts. Martha Brinson, previously approved collection.
OMB Number: 1545–1969. IRS Tax Analyst.
Form Number: 13751. Affected Public: Businesses and for-
[FR Doc. 2015–22967 Filed 9–11–15; 8:45 am] profit institutions.
Abstract: The information requested
BILLING CODE 4830–01–P
on Form 13751 will be used to Estimated Number of Respondents:
determine the eligibility for 5,400.
participation in the settlement initiative DEPARTMENT OF THE TREASURY Estimated Time per Respondent: 30
of taxpayers related through TEFRA minutes (varies .25 to 1 hr.).
partnerships to ineligible applicants. Internal Revenue Service
Such determinations will involve Estimated Total Annual Burden
partnership items and partnership-level Proposed Collection; Comment Hours: 2,700.
determinations, as well as the Request for Revenue Procedure The following paragraph applies to all
calculation of tax liabilities resolved 2009–16 of the collections of information covered
under this initiative, including penalties by this notice:
AGENCY: Internal Revenue Service (IRS),
and interest. An agency may not conduct or
Treasury.
Current Actions: There are no changes sponsor, and a person is not required to
being made to the form at this time. ACTION: Notice and request for
comments. respond to, a collection of information
Type of Review: Extension of a unless the collection of information
currently approved collection. SUMMARY: The Department of the displays a valid OMB control number.
Affected Public: Individuals or Treasury, as part of its continuing effort Books or records relating to a collection
households, Business or other for-profit to reduce paperwork and respondent of information must be retained as long
organizations, not-for-profit institutions. burden, invites the general public and as their contents may become material
Estimated Number of Respondents: other Federal agencies to take this in the administration of any internal
100. opportunity to comment on proposed revenue law. Generally, tax returns and
Estimated Time per Respondent: 1 and/or continuing information tax return information are confidential,
hour. collections, as required by the as required by 26 U.S.C. 6103.
Estimated Total Annual Burden Paperwork Reduction Act of 1995,
Hours: 100. Request for Comments: Comments
Public Law 104–13 (44 U.S.C. submitted in response to this notice will
The following paragraph applies to all 3506(c)(2)(A)). Currently, the IRS is
of the collections of information covered be summarized and/or included in the
soliciting comments concerning
by this notice: request for OMB approval. All
Revenue Procedure 2008–16, Section
An agency may not conduct or comments will become a matter of
168(k)(4) Election Procedures.
sponsor, and a person is not required to public record. Comments are invited on:
DATES: Written comments should be (a) Whether the collection of
respond to, a collection of information
received on or before November 13, information is necessary for the proper
unless the collection of information
2015 to be assured of consideration. performance of the functions of the
displays a valid OMB control number.
Books or records relating to a collection ADDRESSES: Direct all written comments agency, including whether the
of information must be retained as long to Christie Preston, Internal Revenue information shall have practical utility;
as their contents may become material Service, Room 6129, 1111 Constitution (b) the accuracy of the agency’s estimate
in the administration of any internal Avenue NW., Washington, DC 20224. of the burden of the collection of
revenue law. Generally, tax returns and FOR FURTHER INFORMATION CONTACT: information; (c) ways to enhance the
tax return information are confidential, Requests for copies of the revenue quality, utility, and clarity of the
as required by 26 U.S.C. 6103. procedure should be directed to Sara information to be collected; (d) ways to
Request for Comments: Comments Covington, at Internal Revenue Service, minimize the burden of the collection of
submitted in response to this notice will Room 6129, 1111 Constitution Avenue information on respondents, including
be summarized and/or included in the NW., Washington, DC 20224, or through through the use of automated collection
request for OMB approval. All the internet, at Sara.L.Covington@ techniques or other forms of information
comments will become a matter of irs.gov. technology; and (e) estimates of capital
public record. Comments are invited on: SUPPLEMENTARY INFORMATION: or start-up costs and costs of operation,
(a) Whether the collection of Title: Section 168(k)(4) Election maintenance, and purchase of services
tkelley on DSK3SPTVN1PROD with NOTICES

information is necessary for the proper Procedures. to provide information.
performance of the functions of the OMB Number: 1545–2133. Approved: August 20, 2015.
agency, including whether the Revenue Procedure Number: Revenue
Sara Covington,
information shall have practical utility; Procedure 2009–16.
(b) the accuracy of the agency’s estimate Abstract: This revenue procedure IRS Tax Analyst.
of the burden of the collection of provides the time and manner for (1) [FR Doc. 2015–22963 Filed 9–11–15; 8:45 am]
information; (c) ways to enhance the corporations to make the election to BILLING CODE 4830–01–P

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Document Created: 2018-02-26 10:15:04
Document Modified: 2018-02-26 10:15:04

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice and request for comments.
Dates		Written comments should be received on or before November 13, 2015 to be assured of consideration.
Contact		Requests for copies of the revenue procedure should be directed to Sara Covington, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet, at [email protected]
FR Citation		80 FR 55175

80 FR 55175 - Proposed Collection; Comment Request for Revenue Procedure 2009-16

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 80, Issue 177 (September 14, 2015)

DEPARTMENT OF THE TREASURY
Internal Revenue Service